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Cadence Design Systems, Inc. (CDNS), headquartered in San Jose, California, provides software, hardware, and other services worldwide. With a market cap of $85.2 billion, the company licenses its electronic design automation (EDA) software technology and provides a variety of professional services. Cadence's design realization solutions are used to design and develop complex chips and electronic systems, including semiconductors. The EDA giant is expected to announce its fiscal fourth-quarter earnings for 2025 after the market closes on Tuesday, Feb. 17.
Ahead of the event, analysts expect CDNS to report a profit of $1.55 per share on a diluted basis, up 4% from $1.49 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.